By WSJ Staff
Ulta Beauty's sales rose through the start of May as customers kept up their appearances. "Many consumers indicate that they're leaning into beauty as a comfort and escape from the stress of macro uncertainty," Chief Executive Kecia Steelman said.
Shoppers proved willing to trade down in other discretionary areas before limiting spending on their beauty regimes, Steelman said. The cosmetics and fragrance company raised its annual forecast, fueling a rally in its stock on Friday. Read more:
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(END) Dow Jones Newswires
May 30, 2025 13:29 ET (17:29 GMT)
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